PRESS DIGEST - Wall Street Journal - June 30
June 30 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
* The extremist group known as the Islamic State of Iraq and al-Sham (ISIS) is expanding its foothold in Syria after recent gains in neighboring Iraq, intensifying its clashes here against other Islamist rebel factions. (on.wsj.com/1sQ8xXl)
* Funds managed by Franklin Templeton Investments and OppenheimerFunds Inc asked the U.S. District Court for the District of Puerto Rico to block a new law that allows some public agencies to restructure their debt, arguing that only Congress is allowed to create bankruptcy rules. (on.wsj.com/1jB9WYr)
* After a series of high-profile data breaches and warnings, corporate boards are waking to cyberthreats, grappling with security issues they once relegated to technology experts. So far this year, 1,517 companies traded on the New York Stock Exchange or Nasdaq Stock Market listed some version of the words cybersecurity, hacking, hackers, cyberattacks or data breach as a business risk in securities filings, according to a Wall Street Journal analysis. (on.wsj.com/1m1kfJe)
* Blackstone is quietly laying plans to start a hedge fund that will make big, bold bets, an effort it hopes will eventually rival some of the largest firms in the business. (on.wsj.com/V0fExi) Continuación...